JMG Financial Group Ltd. Grows Stock Position in Vanguard Real Estate ETF $VNQ

JMG Financial Group Ltd. grew its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 255,079 shares of the exchange traded fund’s stock after buying an additional 7,596 shares during the quarter. Vanguard Real Estate ETF accounts for about 0.6% of JMG Financial Group Ltd.’s portfolio, making the stock its 19th largest holding. JMG Financial Group Ltd. owned about 0.07% of Vanguard Real Estate ETF worth $22,625,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VNQ. Brighton Jones LLC lifted its stake in shares of Vanguard Real Estate ETF by 59.4% in the 4th quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock valued at $2,740,000 after purchasing an additional 11,469 shares during the period. Revolve Wealth Partners LLC grew its holdings in shares of Vanguard Real Estate ETF by 267.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock worth $677,000 after buying an additional 5,532 shares in the last quarter. AQR Capital Management LLC raised its holdings in Vanguard Real Estate ETF by 17.5% in the 1st quarter. AQR Capital Management LLC now owns 8,616 shares of the exchange traded fund’s stock valued at $780,000 after acquiring an additional 1,284 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Vanguard Real Estate ETF by 84.9% in the second quarter. Russell Investments Group Ltd. now owns 4,838 shares of the exchange traded fund’s stock valued at $431,000 after purchasing an additional 2,222 shares during the last quarter. Finally, State Street Corp raised its holdings in shares of Vanguard Real Estate ETF by 735.3% during the 2nd quarter. State Street Corp now owns 1,592,905 shares of the exchange traded fund’s stock worth $141,864,000 after acquiring an additional 1,402,196 shares during the period. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Trading Down 0.5%

Vanguard Real Estate ETF stock opened at $99.48 on Tuesday. The company has a 50-day moving average price of $96.90 and a 200 day moving average price of $93.99. Vanguard Real Estate ETF has a 12-month low of $86.84 and a 12-month high of $101.08. The stock has a market cap of $39.42 billion, a P/E ratio of 35.58 and a beta of 0.98.

Vanguard Real Estate ETF Profile

Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc provides investment advisory services to the Fund.